VoLTE (Voice over LTE) Technology Market Research Report- Forecast to 2023

Global VoLTE Technology Market Research Report, By Device (Tablets, Smartphones, Routers, Laptops), Technology (Circuit Switch Fall Back (CSFB), Voice Over IP Multimedia Subsystems(VoIMS), Simultaneous Voice and LTE (SVLTE), others) — Forecast till 2023

ID: MRFR/SEM/0893-HCR | February 2021 | Region: Global | 110 pages

Market Synopsis of Global VoLTE (Voice over LTE) Technology Market


Market Scenario


VoLTE (Voice over LTE) utilizes data and voice simultaneously and offers clear and excellent quality voice and video calls. This platform also enables high-speed communication on data terminals and mobile phones. VoLTE is significantly important to the LTE operators as it allows them to shift from 2G/3G circuit-switched technology to packet switched 4G LTE technology. This, in turn, decreases the cost of voice infrastructure and improves the quality of voice as per the customer requirements and supports the network operators. VoLTE is anticipated as an abiding strategic solution for the LTE Technology.


VoLTE was introduced to meet the requirement of a standardized system for transfer over LTE. The 4G LTE platform forms the foundation for the development of VoLTE. 4G LTE is much faster than any 3G technology. VoLTE comprises a number of technologies including Voice over IP Multimedia Subsystem (VoIMS), Circuit Switched Fall Back (CFBS) and Voice Over LTE Via Generic Access Network (VoLGA).


The market for VoLTE is increasing tremendously. The major driver for Voice over LTE technology market is the evolution of the 4G LTE network with the emergence of video calling and conferencing. The implementation of VoLTE technology offers swift file transfer, increasing efficiency and saving time, which further contributes to the market growth. On the contrary, the cost of handsets enabled with LTE is higher than that of the other devices which can potentially hamper the market growth.


VoLTE Technology is beneficial for various enterprises as it enables voice broadcast over the IP Network, however, in case of LTE the same gets broadcasted over the LTE Network. VoLTE is used for voice and data and can be deployed over the present LTE band in various devices. This technology is specifically optimized for smartphones and provides the users with improved speed and bandwidth.


In August 2016, AT&T disclosed that Ericsson, Samsung, Nokia, Qualcomm Technologies, and other global leaders in the technology industry are working together for the growth of 5G technologies across the world. Many companies globally have launched Voice over LTE in the recent years providing their users with fast and efficient video calling services. 


Key Players


Prominent key players in the VoLTE Technology Market include AT&T Inc. (U.S.), LG Uplus Corporation (South Korea), Nokia Corporation (Finland), Ericsson (Sweden), Verizon Wireless (U.S.), Alcatel-Lucent (France), KT Corporation (South Korea), Rogers Communication (Canada), Huawei Technologies Co. Ltd. (China) and SK Telecom Co. Ltd. (South Korea).


Mitel Networks Corporation (Canada), MetroPCS Communications (U.S.), Aptilo Networks (Sweden) are some other global players in the VoLTE Technology Market.


Segmentation


The Voice over LTE Technology market is segmented into device and technology. These segments are further sub-segmented into the following:


By Device, the VoLTE Technology market is segmented into tablets, smartphones, routers, laptops, and others


By Technology, the Circuit Switch Fall Back (CSFB), Voice Over IP Multimedia Subsystems (VoIMS), Simultaneous Voice and LTE (SVLTE) and Single Radio Voice Call Continuity (SRVCC)


Regional Analysis


The regional analysis of VoLTE (Voice over LTE) technology is considered for North America, Europe, Asia Pacific, and the rest of the World. North America is predicted to dominate the VoLTE (Voice over LTE) Technology Market during the forecast period. In addition to dominating the VoLTE technology market, the region is predicted to have the highest market share. Rogers Communication launched VoLTE (Voice over LTE) technology in 2015 all over Canada to provide their users with clear and quick video calling services. The highest CAGR in the VoLTE technology market is recorded for Asia Pacific, due to large consumer base of VoLTE technology in China, India, and Japan. By 2023, VoLTE is expected to be the single most dominant technology in India. Following Asia Pacific is Europe as the technology is growing tremendously in the European region.


Target Audience



  • Media

  • Research Organizations

  • Telecom industries

  • Education institutes

  • Government Agencies

  • Resellers and Distributors

  • Web service providers

  • Smartphone Industries



Frequently Asked Questions (FAQ) :


The global VoLTE market is poised to record a market value by 2023.

The global VoLTE market is maturing at a whopping CAGR over the review period of 2017 to 2023.

A few significant players of the global VoLTE market are Rogers Communication (Canada), KT Corporation (South Korea), Huawei Technologies Co. Ltd. (China), and SK Telecom Co. Ltd. (South Korea).

The smartphone segment is expected to drive market growth over the review period.

The circuit switch fall back (CSFB) segment is likely to witness the highest demand in the VoLTE market.

TABLE OF CONTENTS
1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.1.5 Bargaining power of suppliers

4.2 Value Chain/Supply Chain of VoLTE Technology Market

5 Industry Overview of VoLTE Technology Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. VoLTE Technology Market by Device

7.1 Introduction

7.2 Tablets

7.2.1 Market Estimates & Forecast, 2018-2023

7.2.2 Market Estimates & Forecast by Region, 2018-2023

7.3 Smartphones

7.3.1 Market Estimates & Forecast, 2018-2023

7.3.2 Market Estimates & Forecast by Region, 2018-2023

7.4 Routers

7.4.1 Market Estimates & Forecast, 2018-2023

7.4.2 Market Estimates & Forecast by Region, 2018-2023

7.5 Laptops

7.5.1 Market Estimates & Forecast, 2018-2023

7.5.2 Market Estimates & Forecast by Region, 2018-2023

7.6 Others

7.6.1 Market Estimates & Forecast, 2018-2023

7.6.2 Market Estimates & Forecast by Region, 2018-2023

8. VoLTE Technology Market by Technology

8.1 Introduction

8.2 Circuit Switch Fall Back (CSFB)

8.2.1 Market Estimates & Forecast, 2018-2023

8.2.2 Market Estimates & Forecast by Region, 2018-2023

8.3 Voice Over IP Multimedia Subsystems (VoIMS)

8.3.1 Market Estimates & Forecast, 2018-2023

8.3.2 Market Estimates & Forecast by Region, 2018-2023

8.4 Simultaneous Voice and LTE (SVLTE)

8.4.1 Market Estimates & Forecast, 2018-2023

8.4.2 Market Estimates & Forecast by Region, 2018-2023

8.5 Single Radio Voice Call Continuity (SRVCC)

8.5.1 Market Estimates & Forecast, 2018-2023

8.5.2 Market Estimates & Forecast by Region, 2018-2023

9 VoLTE Technology Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2018-2023

9.2.2 Market Estimates & Forecast by Device, 2018-2023

9.2.3 Market Estimates & Forecast by Technology, 2018-2023

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2018-2023

9.2.4.2 Market Estimates & Forecast by Device, 2018-2023

9.2.4.3 Market Estimates & Forecast by Technology, 2018-2023

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2018-2023

9.2.5.2 Market Estimates & Forecast by Device, 2018-2023

9.2.5.3 Market Estimates & Forecast by Technology, 2018-2023

9.2.6 Mexico

9.2.6.1 Market Estimates & Forecast, 2018-2023

9.2.6.2 Market Estimates & Forecast by Device, 2018-2023

9.2.6.3 Market Estimates & Forecast by Technology, 2018-2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2018-2023

9.3.2 Market Estimates & Forecast by Device, 2018-2023

9.3.3 Market Estimates & Forecast by Technology, 2018-2023

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2018-2023

9.3.4.2 Market Estimates & Forecast by Device, 2018-2023

9.3.4.3 Market Estimates & Forecast by Technology, 2018-2023

9.3.5 France

9.3.5.1 Market Estimates & Forecast, 2018-2023

9.3.5.2 Market Estimates & Forecast by Device, 2018-2023

9.3.5.3 Market Estimates & Forecast by Technology, 2018-2023

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2018-2023

9.3.6.2 Market Estimates & Forecast by Device, 2018-2023

9.3.6.3 Market Estimates & Forecast by Technology, 2018-2023

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2018-2023

9.3.7.2 Market Estimates & Forecast by Device, 2018-2023

9.3.7.3 Market Estimates & Forecast by Technology, 2018-2023

9.3.8 U.K

9.3.8.1 Market Estimates & Forecast, 2018-2023

9.3.8.2 Market Estimates & Forecast by Device, 2018-2023

9.3.8.3 Market Estimates & Forecast by Technology, 2018-2023

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2018-2023

9.4.2 Market Estimates & Forecast by Device, 2018-2023

9.4.3 Market Estimates & Forecast by Technology, 2018-2023

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2018-2023

9.4.4.2 Market Estimates & Forecast by Device, 2018-2023

9.4.4.3 Market Estimates & Forecast by Technology, 2018-2023

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2018-2023

9.4.5.2 Market Estimates & Forecast by Device, 2018-2023

9.4.5.3 Market Estimates & Forecast by Technology, 2018-2023

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2018-2023

9.4.6.2 Market Estimates & Forecast by Device, 2018-2023

9.4.6.3 Market Estimates & Forecast by Technology, 2018-2023

9.4.7 Rest of Asia Pacific

9.4.7.1 Market Estimates & Forecast, 2018-2023

9.4.7.2 Market Estimates & Forecast by Device, 2018-2023

9.4.7.3 Market Estimates & Forecast by Technology, 2018-2023

9.5 Rest of the World

9.5.1 Market Estimates & Forecast, 2018-2023

9.5.2 Market Estimates & Forecast by Device, 2018-2023

9.5.3 Market Estimates & Forecast by Technology, 2018-2023

9.5.4 The Middle East & Africa

9.5.4.1 Market Estimates & Forecast, 2018-2023

9.5.4.2 Market Estimates & Forecast by Device, 2018-2023

9.5.4.3 Market Estimates & Forecast by Technology, 2018-2023

9.5.5 Latin America

9.5.5.1 Market Estimates & Forecast, 2018-2023

9.5.5.2 Market Estimates & Forecast by Device, 2018-2023

9.5.5.3 Market Estimates & Forecast by Technology, 2018-2023

10. Company Landscape

11. Company Profiles

11.1 AT&T Inc.

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 LG Uplus Corporation

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Nokia Corporation

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Ericsson

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Verizon Wireless

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Alcatel-Lucent

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 KT Corporation

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Rogers Communication

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Huawei Technologies Co. Ltd.

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 SK Telecom Co.Ltd

11.10.1 Company Overview

11.10.2 Product/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

12 Conclusion
List of Tables
Table 1 VoLTE Technology Market: By Region, 2018-2023

Table 2 North America VoLTE Technology Market: By Country, 2018-2023

Table 3 Europe VoLTE Technology Market: By Country, 2018-2023

Table 4 Asia Pacific VoLTE Technology Market: By Country, 2018-2023

Table 5 The Middle East & Africa VoLTE Technology Market: By Country, 2018-2023

Table 6 Latin America VoLTE Technology Market: By Country, 2018-2023

Table 7 Global VoLTE Technology by Device Market: By Regions, 2018-2023

Table 8 North America VoLTE Technology by Device Market: By Country, 2018-2023

Table 9 Europe VoLTE Technology by Device Market: By Country, 2018-2023

Table10 Asia Pacific VoLTE Technology by Device Market: By Country, 2018-2023

Table11 The Middle East & Africa VoLTE Technology by Device Market: By Country, 2018-2023

Table12 Latin America VoLTE Technology by Device Market: By Country, 2018-2023

Table13 Global VoLTE Technology by Technology Market: By Regions, 2018-2023

Table14 North America VoLTE Technology by Technology Market: By Country, 2018-2023

Table11 Europe VoLTE Technology by Technology Market: By Country, 2018-2023

Table16 Asia Pacific VoLTE Technology by Technology Market: By Country, 2018-2023

Table17 The Middle East & Africa VoLTE Technology by Technology Market: By Country, 2018-2023

Table18 Latin America VoLTE Technology by Technology Market: By Country, 2018-2023

Table20 Global Services Market: By Region, 2018-2023

Table21 North America VoLTE Technology Market, By Country

Table22 North America VoLTE Technology Market, By Device

Table23 North America VoLTE Technology Market, By Technology

Table24 Europe: VoLTE Technology Market, By Country

Table25 Europe: VoLTE Technology Market, By Device

Table26 Europe: VoLTE Technology Market, By Technology






LIST OF FIGURES
FIGURE 1 Global VoLTE Technology Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global VoLTE Technology Market

FIGURE 4 Value Chain of Global VoLTE Technology Market

FIGURE 5 Share of VoLTE Technology Market in 2018, by country (in %)

FIGURE 6 Global VoLTE Technology Market, 2018-2023,

FIGURE 7 Global VoLTE Technology Market size by Device, 2018

FIGURE 8 Share of Global VoLTE Technology Market by Device, 2018 TO 2023

FIGURE 9 Global VoLTE Technology Market size by Technology, 2018

FIGURE 10 Share of Global VoLTE Technology Market by Technology, 2018 TO 2023